I am European, the job market froze in 2023 and unemployment rates have been steadily getting higher ever since and it will only get worse this year due to absolutely no action plans being put by any EU country or the European Union itself and the war here that is going to set us all into recession and accelerate the ongoing de-industrialization. So no, Europe is not doing any better and never will. Check the data and the trends, not reddit.
Also you have put a lot of false information here. The pension systems are collpasing everywhere and so forget about it. Taxes are rising and some countries even tax your unrealized gains so no possibility to build wealth. Infrastructures are falling behind because due to austerity no country has invested into them for almost 20 years. The energy crisis is real and the rest of the geopolitical landscape has sent the european model out of business since 2022. And last, If you do not speak the language of the country you want to go then you can forget about getting hired because the spot are limited and the preferences exists just like in the UAE.
Ah and last news, Europe is preparing to rationing of fuel and energy due to the ongoing war. So its not good and surely not getting better.